To amend the Internal Revenue Code of 1986 to allow tax credits to veterans for the establishment of franchises.
Summary
What This Bill Does
The bill creates veterans franchising credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45BB.Veterans franchising credit, creates 45BB. Veterans franchising credit, and requires publication of information by Department of Veterans Affairs and Small Business Administration. It relies on compliance mandates, definition changes, tax credits, and grants. The main policy areas are Veterans, Finance, Veterans Affairs, and Environment.
Who Benefits and How
Veterans and VA beneficiaries affected by the bill could face lower compliance burdens, Lobbyists, political organizations, and disclosure users affected by the bill could face lower compliance burdens, and Businesses and employers affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Veterans and VA beneficiaries affected by the bill would take on compliance duties, and Businesses and employers affected by the bill would take on compliance duties.
Key Provisions
- Creates veterans franchising credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45BB.Veterans franchising credit...
- Creates 45BB. Veterans franchising credit.
- Requires publication of information by Department of Veterans Affairs and Small Business Administration.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates veterans franchising credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45BB.Veterans franchising credit, creates 45BB. Veterans franchising credit, and requires publication of information by Department of Veterans Affairs and Small Business Administration.
Key Policy Areas
Veterans, Finance, Veterans Affairs, Environment
Primary Purpose
The bill creates veterans franchising credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45BB.Veterans franchising credit, creates 45BB. Veterans franchising credit, and requires publication of information by Department of Veterans Affairs and Small Business Administration.
Policy Domains
Whole bill
Identified Gains
- Veterans and VA beneficiaries affected by the bill
- Lobbyists, political organizations, and disclosure users affected by the bill
- Businesses and employers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Veterans and VA beneficiaries affected by the bill
- Businesses and employers affected by the bill
- Lobbyists, political organizations, and disclosure users affected by the bill
- Environmental and public health interests affected by the bill
Sponsors
Legislative Progress
IntroducedMs. Brownley (for herself and Mrs. Miller of West Virginia) …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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